All Roll Calls
Yes: 55 • No: 8
Sponsored By: Senate Committee on Finance
Signed by Governor
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15 provisions identified: 10 benefits, 1 costs, 4 mixed.
The state may spend non‑General Fund money on listed projects, including $145,067,830 for the North Las Vegas State Veterans Home. The Public Works Division cannot sign a construction contract until all project funding is in hand. The Attorney General must approve every contract, and agencies must cooperate to speed delivery. With IFC approval, funds can move between projects inside an agency, while keeping required funding ratios unless that risks other funds.
The State Board of Finance can issue up to $191.9 million in state bonds for Legislative building projects in 2025–2027. If bonds for these and certain other projects come to the same meeting, the Board approves one combined issuance. The Board cannot take separate votes at that meeting. The bonds follow state securities law.
The state may sell up to $799,271,288 in general obligation bonds and use $1,692,000 in reallocated proceeds, with total proceeds capped at $800,963,288. The Board of Finance sets sale timing to match project schedules. The state may pay bond‑sale costs from the bond money. Any unspent allocations for these bonds cannot be committed after June 30, 2029 and must revert by September 21, 2029.
The Bond Interest and Redemption Fund will pay $180,892,046 in 2025–2026 and $180,634,198 in 2026–2027 for bond costs. By July 1, 2025 and July 1, 2026, the Treasurer must estimate tax proceeds and ask to reserve State General Fund money if needed. If the bond fund is short when payments are due, the Controller moves the reserved money, which must later revert by set September dates. Work‑program changes for these bond payments no longer need Interim Finance Committee approval.
The state may issue up to $63,400,000 in bonds for the purposes listed by reference in a 2019 law. The money must be used for those specified projects.
The law gives $33,859,402 from the State General Fund to improve Legislative buildings. Any leftover allocated bond money for Legislative work cannot be committed after June 30, 2029 and must return to the Bond Interest and Redemption Account by September 21, 2029.
The state may issue up to $33,900,000 in bonds to fund grants for water conservation and capital upgrades at certain water systems.
The state provides $99,514,255 from the General Fund and $9,878,338 from the State Highway Fund for 2025–2027 capital projects. Leftover balances cannot be committed after June 30, 2029 and must revert by September 21, 2029 to their source funds. The Controller may move Highway Fund money only when contract payments are due.
The state may sell up to $10,500,000 in bonds in 2025–2027 for SB83 purposes. This authority takes effect July 1, 2025 only if SB83 is enacted and approved. All other sections of this law take effect on passage and approval.
The state may sell up to $6,000,000 in bonds to fund financial help to preserve historic buildings and support cultural centers and activities.
The state moves $11,762,261 to NSHE’s deferred maintenance project (25‑M01) and adds $3,000,000 from slot‑machine tax receipts. Unused money for this project, including transferred funds, cannot be committed after June 30, 2029 and must revert by September 21, 2029.
For Fiscal Years 2025–26 and 2026–27, the law sets two property taxes to pay state bonds. Rates are 16.18 cents and an additional 0.82 cents per $100 of assessed value. These charges appear on your property tax bill and go to the Consolidated Bond Interest and Redemption Fund. To estimate yearly cost, multiply assessed value by 0.001618 and 0.000082. 1.18 cents of the 16.18, and all of 0.82, do not count toward the usual levy cap.
The law updates use‑by and reversion dates for past capital funds from 2019 and 2021 laws. Most balances must be used by June 30, 2025 and revert by September 19, 2025; some projects have until June 30, 2027 and revert by September 17, 2027. The Southern Nevada Small Arms Range project (23‑C33) is canceled.
The Controller may advance State General Fund or State Highway Fund cash so projects can start before bonds sell. Advances must be repaid when bonds are issued or by the last business day in August after that fiscal year. Money can only be advanced as needed for contract payments. The finance chief must notify fiscal officers when advances are approved and send a reconciliation after the fiscal year. For Legislative projects, the Legislative Counsel Bureau must also notify and reconcile advances and repayments.
Up to $6,718,797 in bonds may fund DMV projects. The Board cannot issue the bonds unless budgeted money will cover repayment. Annual repayments come from the State Highway Fund and are budgeted each year until the bonds are paid. Any unspent DMV bond allocations cannot be committed after June 30, 2029 and must revert by September 21, 2029.
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Senate Committee on Finance
Affiliation unavailable
There are no cosponsors for this bill.
All Roll Calls
Yes: 55 • No: 8
House vote • 6/1/2025
Final Passage - Assembly (2nd Reprint)
Yes: 38 • No: 4
Senate vote • 5/21/2025
Final Passage - Senate (As Introduced)
Yes: 17 • No: 4
Chapter 515.
Approved by the Governor.
Enrolled and delivered to Governor.
To enrollment.
From printer. To re-engrossment. Re-engrossed. Fourth reprint.
To printer.
In Senate.
Assembly Amendment No. 979 receded from. To Senate.
In Assembly.
Assembly Amendment No. 979 not concurred in. To Assembly.
Assembly Amendment No. 959 concurred in.
In Senate.
To Senate.
From printer. To reengrossment. Reengrossed. Third reprint.
To printer.
Read third time. Passed, as amended. Title approved. (Yeas: 38, Nays: 4.)
Dispensed with reprinting.
Read third time. Amended. (Amend. Nos. 959 and 979.)
Placed on General File.
Taken from Chief Clerk's desk.
Placed on Chief Clerk's desk.
Taken from General File.
Taken from General File. Placed on General File for next legislative day.
Taken from General File. Placed on General File for next legislative day.
From printer. To reengrossment. Reengrossed. Second reprint.
As Enrolled
As Introduced
Reprint 1
Reprint 2
Reprint 3
Reprint 4
SB119 — AN ACT relating to economic development; requiring certain reporting relating to the NV Grow Program; requiring the Division of Small Business and Entrepreneurship Development of the College of Southern Nevada to develop, create and oversee the Program; revising certain qualifications for a business to participate in the Program; making an appropriation; and providing other matters properly relating thereto.
AB12 — AN ACT relating to unemployment compensation; revising requirements for obtaining judicial review of a decision of the Board of Review concerning a claim for unemployment benefits; and providing other matters properly relating thereto.
SB460 — AN ACT relating to education; revising provisions governing plans to improve academic achievement; providing for the waiver of certain reporting requirements; revising provisions governing the annual report of accountability for a school district; revising the duties of the Commission on Innovation and Excellence in Education; providing for the impaneling of a Public Education Oversight Board; revising provisions governing boards of trustees of certain school districts; establishing certain measures for the designation of focus and priority school districts, sponsors of charter schools and public schools; revising provisions governing the Commission on School Funding; revising provisions governing the Early Childhood Literacy and Readiness Account; revising provisions governing prekindergarten programs; revising provisions governing assessments used to assess the literacy of certain pupils; revising provisions governing membership of the State Public Charter School Authority; revising provisions governing the formation of charter schools, the termination and amendment of charter contracts and the employment of teachers by charter schools; revising provisions governing the Nevada Educational Choice Scholarship Program; revising certain provisions governing instruction in English language arts; creating the Commission on Recruitment and Retention; revising provisions relating to the Commission on Professional Standards in Education; revising provisions governing background investigations of applicants for certain licenses; establishing requirements governing the hiring of a superintendent of schools; revising provisions governing certain evaluations; requiring the creation of a differential pay scale for certain teachers and administrators; creating the Education Service Center; establishing certain requirements for the Board of Regents of the University of Nevada; creating certain accounts and programs concerning teacher apprenticeships; making appropriations; and providing other matters properly relating thereto.
SB81 — AN ACT relating to education; requiring the Department of Education to create and conduct certain surveys of public school employees; revising provisions governing the reimbursement of certain hospitals or other facilities that provide educational services; revising terminology related to services provided to certain students; revising various reporting requirements relating to education; revising provisions governing the authority of the State Board of Education; revising provisions governing the ratios of pupils to licensed teachers; eliminating certain audits of empowerment schools; revising provisions governing the licensure of administrators; repealing provisions governing the Nevada Teacher Advancement Scholarship Program and the Incentivizing Pathways to Teaching Grant Program; revising provisions governing certain scholarship and grant programs for students in education and related fields of study; requiring the Department to create a program of block grants for such scholarship and grant programs; eliminating provisions requiring the Department to recommend that a minimum amount be spent by public schools on textbooks and other instructional supplies; and providing other matters properly relating thereto.
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